Tracked deals
3
3 tracked deals across 2021-2022.
Chandler, Arizona, United States
Formerly known as NASDAQ RDNW, NASDAQ RMBL, NASDAQ: RDNW
Omnichannel powersports retailer and marketplace operating dealership locations and an online platform; represents manufacturers and provides dealer technology solutions under the RideNow brand.
Tracked deals
3
3 tracked deals across 2021-2022.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Buyout
3 buyout
Last 2 years
Supporting Data
RumbleOn, Inc. completed the acquisition of Freedom Powersports, adding 13 retail locations across Texas, Georgia and Alabama and expanding RumbleOn’s omnichannel powersports retail footprint. The transaction closed for aggregate consideration of approximately $130.0 million (≈ $83.4M for the business and ≈ $46.6M for real estate) and supports RumbleOn’s revenue and adjusted EBITDA outlook; Freedom reported over $220.0 million of revenue and over $25.0 million of adjusted EBITDA for 2021 (unaudited).
RumbleOn, Inc. (NASDAQ: RMBL) has completed the acquisition of a Jacksonville-based powersports retail location (Beach Blvd Motorsports), adding multiple manufacturer product lines including Yamaha, Suzuki, KTM, CFMoto, Zero Electric Motorcycles, Ranger and Tidewater boats. The acquisition expands RumbleOn's physical footprint in Jacksonville, strengthening its omnichannel offering and retail presence as part of its growth strategy.
RumbleOn, Inc. completed the acquisition of RideNow, acquiring 100% of the RideNow dealership portfolio to form a combined omnichannel powersports platform. The transaction consideration is up to $575.4 million (approximately $400.4 million cash and $175.0 million in RumbleOn Class B common stock) and was financed in part by a $280.0 million term loan commitment from funds managed by Oaktree Capital Management; the combined pro forma business sold more than 63,000 units in 2020 and generated approximately $1.3 billion in revenue.
Turn tracked acquisition activity into an outreach-ready buyer list.